Thursday, May 28, 2009

Heinz 4Q profit falls 10 percent


This article is about the Heinz co. and how they are not selling alot of there products overseas and in restaurants because many people are eating in due to the economy. This is also about how the value of there stock fell just like any other companies. Also because they sell internationally they value of the dollar is to strong to convert. I chose this artricle because i love ketchup and i could somehow be effected if they were to stop selling it or they don't make money to stay in business. I don't agree because ketchup is great and more people should buy it but more importantly if overseas they do buy it no matter how strong the dollar is it should convert the same. I believe that they presented the information farly. I will continue to use this source.

2 comments:

  1. Nickey, Nice job. Who knew you could write an article that long about ketchup? Mostly, what struck me was that consumers are switching away from more expensive name brands in the supermarket. Is anyone you know doing that?

    Grade: 10/10

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  2. Ms. Goodman, i myself am one who buys different or cheaper brands, only if my mother sends me to do groceries lol.

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